Pivot Trading | Page 1734 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 16 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

  • #34,661
  • Feb 16, 2020 11:29pm Feb 16, 2020 11:29pm
Just closed my fourth batch on AN, which is the most profitable pair, at the moment, on my accounts in 2020. I missed the entry on 4th February, sadly, because it was night time in Italy.
I am ready to load again, of course. I am becoming fascinated by this pair.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AN first batch.PNG Size: 86 KB
Click to Enlarge Name: AN second batch jan.PNG Size: 74 KB
Click to Enlarge Name: AN third batch feb.PNG Size: 84 KB
Click to Enlarge Name: AN fourth batch.PNG Size: 75 KB
Give me a lever long enough and a place to stand, and I will move the Earth
  • #34,662
  • Feb 17, 2020 1:45am Feb 17, 2020 1:45am
I believe I can catch a decent swing up on EG. Price at heavy support. Of course market can prove me wrong, as always.
Ordinarily I don't like to post trades live but this one is almost a B+ set up for me.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 58 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekly.png Size: 85 KB
  • #34,663
  • Feb 17, 2020 1:47am Feb 17, 2020 1:47am
This week's economic events expected to affect the markets of some of the most widely traded currencies. KISS

Monday, 17 February
01:50: JPY – GDP

Tuesday, 18 February
11:30: GBP – Avg Wk Earnings 3M YY
11:30: GBP – Claimant Count Unem Chng
11:30: GBP – ILO Unemployment Rate

Wednesday, 19 February
11:30: GBP – CPI
15:30: CAD – CPI
21:00: USD – FOMC Meeting Minutes

Thursday, 20 February
02:30: AUD – Employment Change
02:30: AUD – Unemployment Rate
09:00: CHF – Trade Balance

Friday, 21 February
01:30: JPY – CPI
12:00: EUR – Inflation Final
Plan your trade and Trade your plan.
  • #34,664
  • Feb 17, 2020 2:39am Feb 17, 2020 2:39am
Quoting artestine
Just closed my fourth batch on AN, which is the most profitable pair, at the moment, on my accounts in 2020. I missed the entry on 4th February, sadly, because it was night time in Italy. I am ready to load again, of course. I am becoming fascinated by this pair. {image} {image} {image} {image}
i am considering enter on this pull back
  • #34,665
  • Feb 17, 2020 2:54am Feb 17, 2020 2:54am
Quoting 1pipperhour
I believe I can catch a decent swing up on EG. Price at heavy support. Of course market can prove me wrong, as always. Ordinarily I don't like to post trades live but this one is almost a B+ set up for me. {image} {image}
Yes, this definitely worth a shot.
Loading some longs as well, looking for 30-40 pips here.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily.png Size: 45 KB
"In the end you only trade yourself."
  • #34,666
  • Feb 17, 2020 3:07am Feb 17, 2020 3:07am
Quoting artestine
Just closed my fourth batch on AN, which is the most profitable pair, at the moment, on my accounts in 2020. I missed the entry on 4th February, sadly, because it was night time in Italy. I am ready to load again, of course. I am becoming fascinated by this pair. {image} {image} {image} {image}
maybe I am getting old but cant really see your charts.
In trading, you have to be defensive and aggressive at the same time
  • #34,667
  • Feb 17, 2020 3:09am Feb 17, 2020 3:09am
Quoting ppxdf
{quote} i am considering enter on this pull back
Your GC doing good now I am on it as well
7180 possible today 1st hurdle 7220 previous support needs to break for lower level.
In trading, you have to be defensive and aggressive at the same time
  • #34,668
  • Feb 17, 2020 3:09am Feb 17, 2020 3:09am
Quoting ppxdf
{quote} i am considering enter on this pull back
I would love to see a pullback at least until 1.04. Let's see...
Give me a lever long enough and a place to stand, and I will move the Earth
  • #34,669
  • Feb 17, 2020 3:12am Feb 17, 2020 3:12am
Quoting Davit
{quote} maybe I am getting old but cant really see your charts.
Due to the template or because they are too small?
Give me a lever long enough and a place to stand, and I will move the Earth
  • #34,670
  • Feb 17, 2020 3:13am Feb 17, 2020 3:13am
Quoting artestine
{quote} Due to the template or because they are too small?
too dark and small
In trading, you have to be defensive and aggressive at the same time
  • #34,671
  • Feb 17, 2020 3:17am Feb 17, 2020 3:17am
Long EG....low hanging fruit
Attached Image
  • #34,672
  • Feb 17, 2020 3:21am Feb 17, 2020 3:21am
GU breaks below 30 key psychological level it will be great for G crosses like GC GA EG
In trading, you have to be defensive and aggressive at the same time
  • #34,673
  • Feb 17, 2020 3:59am Feb 17, 2020 3:59am
Quoting Davit
{quote} Your GC doing good now I am on it as well 7180 possible today 1st hurdle 7220 previous support needs to break for lower level.
I was stupid and closed 1 hour ago at previous low of day with the intention of re-entering, but I'm not having a chance to enter again.
  • #34,674
  • Feb 17, 2020 4:04am Feb 17, 2020 4:04am
Quoting ppxdf
{quote} I was stupid and closed 1 hour ago at previous low of day with the intention of re-entering, but I'm not having a chance to enter again.
Its fine takes too much margin anyway.You could trade something else 2x with same margin
In trading, you have to be defensive and aggressive at the same time
  • #34,675
  • Feb 17, 2020 4:06am Feb 17, 2020 4:06am
Holiday in US therefore light NY session
It will be interesting to see how GU closes at London close today below 30 or above
In trading, you have to be defensive and aggressive at the same time
  • #34,676
  • Feb 17, 2020 5:44am Feb 17, 2020 5:44am
Hi guys , just reviewing some Monthly Charts on various USD pairs.
Interesting fact which glares at me is the total collapse of the USD against the EURO since 2008.
Also , USD is still down against the CAD since 2001 !!!
Of recent note to me is the fact that there has been a precipitous decline by the USD against the CAD since 2015.
I bring this comment to DAVIT'S thread because of the recent posts by various traders about the USD being severely oversold , ripe for correction.
Being Canadian , I wonder if the US Government is purposely collapsing their own currency to gain a much larger piece of the pie in Global Trade. Canada is now the 2nd largest trading partner of the US , behind Mexico who is 1st.
Since Trump's election I have said to all of my friend's that I believe that Trump is the best thing that has ever happened to the US economy , they all think that I'm nut's , I stand my ground.
Trump is stupid like a fox , in my opinion. THANK YOU PRESIDENT TRUMP FOR STANDING UP TO CHINA AND IT'S INFERIOR PRODUCTS !!!!
My question to all of you is : " Is the USD oversold or is it going to keep moving lower until near par levels are reached with the Euro and the CAD ?"
Also , have read a number of articles by various authors recently who believe the Global Financial crisis is well underway , since January 2019.
Canada NEEDS THE USA , BIG TIME !!!! We cannot look after this Country with our very small Military , compared to the US.
Canadian households according to the ROYAL BANK OF CANADA ---OWE---$1.72 in debt per $1.00 of income per household !!!!
A housing bubble , tech bubble is one thing , but , a collapse of the Global Financial System....hmmmm....
Regards ,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
  • #34,677
  • Edited Feb 18, 2020 5:43am Feb 17, 2020 6:45am | Edited Feb 18, 2020 5:43am
Technically, there is no special moving;
US on holiday,. So, Market so quiet. Nothing to do !!!. Just relax, and waiting opportunities.
Probably, we have some opportunities after speech this guy below
Attached Image (click to enlarge)
Click to Enlarge Name: BB1042Jx.img.jpg Size: 27 KB


Tonight, Britain’s EU negotiator David Frost (above) will make a speech in Brussels reiterating that the UK will not bow to EU demands to stick to its rules on workers’ rights and environmental protections


I will will try to take advantage of a possible dovish speech by this Brexit Negotiator, maybe taking GBPAUD Short.

AUD NOW.15:00 GMT time.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD.sentiment.now.Screenshot_1.jpg Size: 77 KB


GBP now 15:00 GMT time
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.SENTIMENT.Screenshot_1.jpg Size: 60 KB
  • #34,678
  • Feb 17, 2020 7:35am Feb 17, 2020 7:35am
Quoting GreenEarth
Hi guys , just reviewing some Monthly Charts on various USD pairs. Interesting fact which glares at me is the total collapse of the USD against the EURO since 2008. Also , USD is still down against the CAD since 2001 !!! Of recent note to me is the fact that there has been a precipitous decline by the USD against the CAD since 2015. I bring this comment to DAVIT'S thread because of the recent posts by various traders about the USD being severely oversold , ripe for correction. Being Canadian , I wonder if the US Government is purposely collapsing...
Hi GE
I dont know where you got the idea USD oversold.Its other way around its overbought. USD Index at 99.17 now
EU at 836 that's pretty low.Maybe you made a mistake OS vs OB
USD has been outperforming everything because its the strongest economy now considering global headwinds.Will it stay at top? Dont thinks so.
In trading, you have to be defensive and aggressive at the same time
  • #34,679
  • Feb 17, 2020 7:43am Feb 17, 2020 7:43am
Quoting ppxdf
Technically, there is no special moving; US on holiday,. So, Market so quiet. Nothing to do !!!. Just relax, and waiting opportunities. Probably, we have some opportunities after speech this guy below {image} Tonight, Britain’s EU negotiator David Frost (above) will make a speech in Brussels reiterating that the UK will not bow to EU demands to stick to its rules on workers’ rights and environmental protections I will will try to take advantage of a possible dovish speech by this Brexit Negotiator, maybe taking GBPAUD Short. AUD NOW.15:00 GMT time....
Lots of key data on GBP this week and Pound tends to overreact either pro or con news.Considering EG is at monthly bottom I am holding.
I suspect Pound will decline by weeks close.Only "good" news was minister resignation and few green data but UK is not immune from virus effects or EU trading issues.
In trading, you have to be defensive and aggressive at the same time
  • #34,680
  • Feb 17, 2020 7:48am Feb 17, 2020 7:48am
Got an eye infection why I can't stay in front of PC long.Sorry for frequent disappearances
very sensitive to light and now pink eyes.
In trading, you have to be defensive and aggressive at the same time
37 traders viewing now